3 points difference between demand amd supply
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Demand :-
1. It is created by the consumers
2. It is done with the motive to satisfy human desires or wants
3. A demand curve abiding by the law of demand is always downward sloping .
Supply :-
1. It is created by suppliers or sellers
2. It is done with the motive of profit maximization or sales maximization
3. A supply curve abiding by the law of supply is always upward sloping.
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